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Fonterra invests NZ$150m in Edendale UHT plant for Asian food service growth.
Fonterra, a New Zealand dairy cooperative, will invest NZ$150 million ($103 million) to establish a new UHT processing plant at its Edendale site.
This initiative aims to bolster its food service business in Asia, responding to rising demand.
The facility will create 70 jobs and initially add 50 million litres of processing capacity, potentially increasing to 100 million litres by 2030.
Construction begins in early 2023, with production expected by August 2026.
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Fonterra invierte 150 millones de dólares neozelandeses en la planta UHT de Edendale para el crecimiento del servicio alimentario asiático.